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Wednesday, July 30, 2014

US stocks mixed after Fed keeps interest rates low

US stocks mixed after Fed keeps interest rates low


US stocks mixed after Fed keeps interest rates low

Posted: 30 Jul 2014 01:11 PM PDT

Traders work on the floor of the New York Stock Exchange (NYSE) on July 14, 2014 in New York CityNew York (AFP) - Wall Street stocks Wednesday finished mixed after the US Federal Reserve kept interest rates near zero and government data showed surprisingly strong second-quarter US economic growth.


Sanctions will damage Russia if not lifted quickly

Posted: 30 Jul 2014 01:11 PM PDT

Russian President Vladimir Putin heads the Cabinet meeting in the Novo-Ogaryovo residence, outside Moscow, Russia, Wednesday, July 30, 2014. The meeting focused on measures to encourage Russian companies to pull their assets back from offshores. The United States and the European Union on Tuesday announced a raft of new sanctions against Russian companies and banks over Moscow's support for separatists in Ukraine. (AP Photo/RIA Novosti, Alexei Nikolsky, Presidential Press Service)MOSCOW (AP) — U.S. and European sanctions against Russia's energy and finance sectors are strong enough to cause deep, long-lasting damage within months unless Moscow persuades the West to repeal them by withdrawing support for Ukrainian insurgents.


Liberia shuts schools, quarantines communities in bid to halt Ebola

Posted: 30 Jul 2014 01:10 PM PDT

Liberia announced on Wednesday the quarantine of a number of communities and the closure of schools across the country, the toughest measures yet imposed by a West African government in a bid to halt the worst Ebola outbreak on record. Security forces in Liberia were ordered to enforce the measures, part of an action plan that included placing all non-essential government workers on 30-day compulsory leave. As of July 23, 672 deaths have been blamed on Ebola in Liberia, neighboring Guinea and Sierra Leone, according to World Health Organisation figures. Liberia accounted for just under one-fifth of those deaths.

Tea-party challenger confronts Roberts in Kansas

Posted: 30 Jul 2014 01:09 PM PDT

Tea party challenger Milton Wolf, left, confronts U.S. Sen. Pat Roberts, right, during a walking tour of downtown Emporia on Wednesday, July 30,2 014, interrupting the Roberts's campaign stop to call attention to his refusal to have debates ahead of the Republican primary in Kansas. Roberts remains favored to win the Aug. 5 election and a fourth, six-year term in the November general election, but Wolf, a Leawood radiologist, contends he's closing the gap between them.(AP Photo/Emporia Gazette, Dustin Michelson)EMPORIA, Kan. (AP) — Tea-party challenger Milton Wolf confronted U.S. Sen. Pat Roberts during a walking tour of downtown Emporia on Wednesday, interrupting the senator's campaign stop to call attention to his refusal to have debates ahead of the Republican primary in Kansas.


Clashes prevent experts from reaching bodies

Posted: 30 Jul 2014 01:09 PM PDT

Alexander Hug, deputy head of the OSCE mission to Ukraine, left, his colleagues and a pro-Russian rebel, 2nd left, examine a map as they try to estimate security conditions outside the city of Donetsk, eastern Ukraine Wednesday, July 30, 2014. (AP Photo/Dmitry Lovetsky)DONETSK, Ukraine (AP) — Almost two weeks after Malaysia Airlines Flight 17 was blown out of the sky, the remains of some passengers are feared rotting in the 90-degree (32-degree Celsius) midsummer heat, deepening the frustration of relatives desperate to recover the bodies of their loved ones.


First lady asks leaders to change gender attitudes

Posted: 30 Jul 2014 01:08 PM PDT

First lady Michelle Obama speaks to selected participants of the Presidential Summit for the Washington Fellowship for Young African Leaders in Washington, Wednesday, July 30, 2014, during a roundtable discussion. (AP Photo/Manuel Balce Ceneta)WASHINGTON (AP) — Michelle Obama called on young African leaders to change traditional attitudes and beliefs that harm girls and women, adding that educating and making women financially literate is not enough.


Rains, smugglers damage US-Mexico border fence

Posted: 30 Jul 2014 01:07 PM PDT

TUCSON, Ariz. (AP) — U.S. Border Patrol officials said Wednesday that agents discovered a garage-sized hole through a steel fence that divides the United States and Mexico just east of Nogales, Arizona.

Processing issue delays bar exam submissions

Posted: 30 Jul 2014 01:05 PM PDT

Law school graduates taking the bar exam gather outside the Buffalo Niagara Convention Center in Buffalo, N.Y., Wednesday, July 30, 2014, during a break in the second and final day of testing. Test takers in several states experienced stressful delays when trying to upload answers from their computers following Tuesday's daylong session. Software provider ExamSoft Worldwide Inc. blamed a BUFFALO, N.Y. (AP) — Law school graduates sweated their way through the second and final day of their bar exams Wednesday, some relieved to see paper and pencil after running into a technical glitch that kept test takers in several states from uploading the first day's answers from their computers.


US growth rebounds strongly but Fed sticks to policy

Posted: 30 Jul 2014 01:04 PM PDT

Dan Fortune installs a door install on a Ford F-150 truck on the assembly line at the Ford Dearborn Truck Plant June 13, 2014The US economy rebounded vigorously in the second quarter, growing at a peppy 4.0 percent pace that erased the impact of the sharp winter contraction, the Commerce Department reported Wednesday. The initial estimate of second-quarter growth was far better than expected and showed solid recovery in private investment and consumer spending, especially on durable goods like cars and appliances. The Commerce Department said the January-March contraction was only 2.1 percent, compared to the more severe 2.9 drop percent previously reported, and it upped its estimate of growth in 2013 to 2.2 percent from 1.9 percent, due to a much stronger second half. - Fed still sees weakness -


Chiefs' Murray says bro, 'Bachelorette' very happy

Posted: 30 Jul 2014 01:03 PM PDT

Kansas City Chiefs quarterback Aaron Murray hands off the ball during an NFL football training camp Monday, July 28, 2014, on the Missouri Western State University campus in St. Joseph, Mo. (AP Photo/The St. Joseph News-Press, Todd Weddle)ST. JOSEPH, Mo. (AP) — Chiefs rookie Aaron Murray was tied up in meetings Monday night, at the same time millions of people were tuning into ABC to see whether his brother would be popping the question.


Argentina in 11th-hour talks as default looms

Posted: 30 Jul 2014 12:58 PM PDT

Argentine Economy Minister Axel Kicillof arrives at the office building of mediator Daniel Pollack on July 30, 2014 in New YorkArgentina was locked in 11th-hour talks on Wednesday to seek a deal with "holdout" creditors and stave off a crippling new default -- the second in 13 years -- at day's end. Buenos Aires had until midnight to resolve its dispute with two US hedge funds whose refusal to accept a write-down on debt it defaulted on in 2001 has pushed Latin America's third-largest economy to the brink of a new crisis. Argentina is due to make a $539 million payment on its restructured debt by Wednesday, the end of a 30-day grace period. Argentine Economy Minister Axel Kicillof and his team made no statement as they arrived Wednesday morning at the offices of the US court-appointed mediator tasked with breaking the impasse.


Cop once drew gun on squirrel-hunting QB Winston

Posted: 30 Jul 2014 12:57 PM PDT

TALLAHASSEE, Fla. (AP) — Police say Heisman Trophy winner Jameis Winston and Florida State teammate Chris Casher were held at gunpoint by campus police nearly two years ago while hunting squirrels with a pellet gun.

UCLA's Pauley Pavilion drenched in hoops history

Posted: 30 Jul 2014 12:55 PM PDT

Water covers the playing floor of Pauley Pavilion, home of UCLA basketball, after a 30-inch water main burst on nearby Sunset Boulevard on the campus in the Westwood district of Los Angeles Tuesday, July 29, 2014. (AP Photo/Matt Hamilton)LOS ANGELES (AP) — The House That Wooden Built is waterlogged.


Justice Dept. weighs in on OH, WI voting cases

Posted: 30 Jul 2014 12:55 PM PDT

WASHINGTON (AP) — The Justice Department on Wednesday sided with challengers of voting laws in Wisconsin and Ohio, saying in court filings that measures in those states unfairly affect minority voters.

White House threatens to veto House border bill

Posted: 30 Jul 2014 12:52 PM PDT

Speaker of the House John Boehner, R-Ohio, arrives for a meeting of the Republican Conference on Capitol Hill in Washington, Tuesday, July 29, 2014. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — The White House is threatening to veto a spending bill drafted by House Republicans to deal with the influx of Central American minors at the U.S. border.


US imposes visa ban on Venezuelan officials

Posted: 30 Jul 2014 12:50 PM PDT

Venezuela's ex-military intelligence chief, Hugo Carvajal, arrives at the Queen Beatrix International Airport after he was released by authorities, in Oranjestad, Aruba, Sunday, July 27, 2014. Carvajal, who was designated to be Venezuela's consul to Aruba, was detained at the Caribbean island's airport on a request from U.S. prosecutors. U.S. authorities alleged Carvajal is one of several high-ranking Venezuelan military and law enforcement officials who provided haven to drug traffickers from neighboring Colombia and helped them move U.S.-bound cocaine through Venezuela. (AP Photo/Pedro Famous Diaz)CARACAS, Venezuela (AP) — Amid escalating tensions with Venezuela, the U.S. State Department on Wednesday announced a travel ban for officials of the socialist government it said committed human rights abuses during a crackdown on opposition protests.


Portland, Oregon, council OKs short-term rentals

Posted: 30 Jul 2014 12:48 PM PDT

PORTLAND, Ore. (AP) — The Portland, Oregon, City Council has voted to legalize short-term rentals in single-family homes, giving added legitimacy to rental websites such as Airbnb.

Israeli strikes hit UN school, Gaza shopping area

Posted: 30 Jul 2014 12:47 PM PDT

Palestinians help carry injured men following an Israeli Strike in Shijaiyah neighborhood, eastern Gaza City, Wednesday, July 30, 2014. (AP Photo/Adel Hana)GAZA CITY, Gaza Strip (AP) — Israeli strikes hit a crowded shopping area in Gaza City Wednesday, hours after tank shells tore through the walls of a U.N. school crowded with war refugees in the deadliest of a series of air and artillery attacks that pushed the Palestinian death toll above 1,300 in more than three weeks of fighting.


Factbox: Google under European regulatory spotlight

Posted: 30 Jul 2014 12:47 PM PDT

(Reuters) - Google Inc faces a variety of challenges from European Commission regulators, in contrast to its experience in the United States where the Internet search company has largely mitigated regulatory threats. The following are some of the regulatory issues that Google is contending with in Europe: *Android - EC regulators have stepped up inquiries into Google's policies regarding its Android mobile operating system, which is used in 80 percent of the world's mobile phones. Regulators appear to be focused on whether Google's mobile policies impede rivals. *Search - An EC investigation that began in 2010 seeks to address complaints that Google manipulated its search results to rank its own services higher than competitors.

European regulators training sights on Google's mobile software

Posted: 30 Jul 2014 12:45 PM PDT

File photo of Google Chairman Eric Schmidt speaking at a Motorola phone launch event in New YorkBy Foo Yun Chee and Alexei Oreskovic BRUSSELS/SAN FRANCISCO (Reuters) - European regulators are preparing what could be a stern challenge to Google Inc's mobile software business in the coming months after a nearly four-year investigation into the company's Web search practices left rivals and European politicians dissatisfied. Two sources with direct knowledge of the matter said that with a new antitrust chief taking over in November, European regulators are laying the groundwork for a case centered on whether Google abuses the 80 percent market share of its Android mobile operating system to promote services from maps to search. The Commission has stepped up inquiries just in recent weeks, sending companies questionnaires that seek far more details than previous queries on the matter in 2011 and 2013. In one questionnaire seen by Reuters, respondents were asked whether there was a requirement set by Google, written or unwritten, that they not pre-install apps, products or services on mobile devices that compete with Google software like its search engine, app store and maps.


AP ANALYSIS: Amid war, endgames in Gaza emerge

Posted: 30 Jul 2014 12:44 PM PDT

Smoke rises in the skyline from Israeli strikes in eastern Gaza City, early Wednesday, July 30, 2014, amid Israel's heaviest air and artillery assault in more than three weeks of Israel-Hamas fighting. (AP Photo/Khalil Hamra)TEL AVIV, Israel (AP) — The savage fighting between Israel and Hamas is escalating in Gaza, cease-fire efforts take on elements of farce, and bravado rules the public discourse. But even through the fog of war, a few endgame scenarios can nonetheless be glimpsed.


2 women survive ordeal along Indiana rail bridge

Posted: 30 Jul 2014 12:43 PM PDT

BLOOMINGTON, Ind. (AP) — A video camera captured the terrifying plight of two women as a freight train bore down on them as they walked along an 80-foot-high railroad bridge in Indiana.

Text of Lois Lerner's email exchange

Posted: 30 Jul 2014 12:41 PM PDT

Former IRS official Lois Lerner had the following email exchange with a personal associate on Nov. 9, 2012. At the time, Lerner directed the IRS division that processed applications for tax-exempt status. She has since retired.

Colorado man dies when trailer collapses in wind

Posted: 30 Jul 2014 12:39 PM PDT

Lyons volunteer coordinators Lucy Banta, right, and Ed Kean help sandbag a neighborhood while steady rains fell over Lyons, Colo., which was hit hard in the previous year's flooding, Wednesday, July 30, 2014. High and low pressure systems, combined with typical summer monsoon weather, drew the abundant moisture to Colorado. More rain is forecast Wednesday. (AP Photo/Brennan Linsley)DENVER (AP) — A storm system in Colorado that flooded streets and stranded drivers up and down the Front Range is being blamed for the death of a man on the southeastern plains.


Africa summit to proceed despite Ebola outbreak

Posted: 30 Jul 2014 12:38 PM PDT

WASHINGTON (AP) — The White House says there are no plans to change or cancel an upcoming summit of African leaders in the U.S. despite an Ebola outbreak in Liberia.

Man finds calico lobster, gives it to aquarium

Posted: 30 Jul 2014 12:37 PM PDT

This July 29, 2014 photo shows a calico lobster at the Explore the Ocean World Oceanarium in Hampton, N.H. Captain Josiah Beringer, of the fishing vessel Patricia Lynn, caught the lobster in one of his traps and donated the 1 ½-pound, 5-year-old male lobster to the aquarium. Ellen Goethel, a marine biologist and owner of the Oceanarium said calico lobsters are the "second most rare lobster" in the world, after albino lobsters. (AP Photo/Portsmouth Herald, Deb Cram)HAMPTON, N.H. (AP) — A fisherman has caught a rare lobster that's bright orange with dark blue spots.


Argentina officials stage 11th-hour talks in NYC

Posted: 30 Jul 2014 12:35 PM PDT

NEW YORK (AP) — Argentina's economy minister led a last-gasp effort Wednesday to strike a deal with U.S. creditors that would prevent the South American country from slipping into default.

Bloody mayhem at Gaza market as Israel observes 'lull'

Posted: 30 Jul 2014 12:34 PM PDT

Palestinian youths inspect destruction at a mosque in Gaza City, on July 30, 2014At least 17 people were killed in an Israeli strike on a packed Gaza market Wednesday in a deadly raid that came as Israel was observing a four-hour humanitarian lull. It was supposed to have been a rare pause for Gaza's battered population of 1.8 million to go out in safety to stock up on goods, and for medics to evacuate the dead and wounded. Instead, there was further bloody mayhem with more than 30 people killed across Gaza in the first three hours of the lull alone. Israel had said its truce, which began at 1200 GMT, would not apply in places were troops were "currently operating", hours after the army made what it called a "significant advance" into the narrow coastal strip.


Probe exposes flaws behind HealthCare.gov rollout

Posted: 30 Jul 2014 12:34 PM PDT

This Nov. 29, 2013, file photo shows a part of the HealthCare.gov website, photographed in Washington. If you have health insurance on your job, you probably don't give much thought to each year's renewal. But make the same assumption in one of the new health law plans, and it could lead to costly surprises. Insurance exchange customers who opt for convenience by automatically renewing their coverage for 2015 are likely to receive dated and inaccurate financial aid amounts from the government, say industry officials, advocates and other experts. (AP Photo/Jon Elswick, File)Officials tell The Associated Press that a nonpartisan investigative report concludes that management failures by the Obama administration set the stage for the computer problems that paralyzed the HealthCare.gov website last fall.


Suspect in Las Vegas crime spree describes mayhem

Posted: 30 Jul 2014 12:32 PM PDT

Las Vegas police Sgt. John Sheahan speaks to the media at the scene of a home invasion and shooting in Las Vegas on Tuesday, July 29, 2014. Police say a suspect is dead and multiple people were wounded in a Las Vegas crime spree that included a carjacking and two home invasions. (AP Photo/Las Vegas Review-Journal, Erik Verduzco)LAS VEGAS (AP) — A woman accused in a Las Vegas crime spree described to police how she stabbed a woman with a screwdriver during a violent string of mayhem that ended in the death of her partner and a homeowner.


3 Putin allies among 8 hit with new EU sanctions

Posted: 30 Jul 2014 12:31 PM PDT

BRUSSELS (AP) — Three long-time Putin associates are among eight people who have been hit with new European Union sanctions, an official EU document showed Wednesday.

More than 150 feared dead in India monsoon landslide

Posted: 30 Jul 2014 12:30 PM PDT

A mudslide surrounds a building in MalinThe death toll from a major landslide Wednesday in western India was expected to exceed 150, a health official said, after heavy monsoon rains sent mud and rocks tumbling onto homes. "The majority of deaths are due to the crush-load of rubble which has buried the village," Chavan told AFP in Ghodegaon, a neighbouring village that has become a nerve centre for the rescue operation. The National Disaster Response Force said it had mobilised nine teams with a strength of 378 trained personnel to help with the rescue effort, although ongoing rains have been hampering operations. Prime Minister Narendra Modi described the loss of life as "saddening" on Twitter, while footage showed workers carrying a victim on a stretcher towards vehicles as a crowd watched.


House takes up VA health care overhaul

Posted: 30 Jul 2014 12:29 PM PDT

House Veterans' Affairs Chairman Jeff Miller, R-Fla., joined by Speaker of the House John Boehner of Ohio, left, and incoming Majority Leader Rep. Kevin McCarthy, R-Calif., right, speaks to reporters on Capitol Hill in Washington, Tuesday, July 29, 2014, about a compromise bill to help veterans avoid long waits for health care, hire more doctors and nurses to treat them, and make it easier to fire executives at the Veterans Affairs Department. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — With a new Veterans Affairs secretary in place and an August recess looming, Congress is moving quickly to approve a compromise bill to refurbish the VA and improve veterans' health care.


U.S. economy back on track with strong second-quarter rebound

Posted: 30 Jul 2014 12:29 PM PDT

A carpenter works on a new home at a residential construction site in the west side of the Las Vegas Valley in Las VegasBy Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out the year on solid footing. Gross domestic product expanded at a 4.0 percent annual rate after shrinking at a revised 2.1 percent pace in the first quarter, the Commerce Department said on Wednesday.


Contract dispute delays 'Big Bang' production

Posted: 30 Jul 2014 12:28 PM PDT

NEW YORK (AP) — Production on a new season of "The Big Bang Theory" is being delayed due to a contract dispute with its top actors.

Ex-IRS official called conservatives 'crazies

Posted: 30 Jul 2014 12:27 PM PDT

FILE - In this May 22, 2013 file photo, Internal Revenue Service official Lois Lerner refuses to answer questions as the House Oversight Committee holds a hearing to investigate the extra scrutiny the IRS gave Tea Party and other conservative groups that applied for tax-exempt status, on Capitol Hill in Washington. Lerner, a former IRS official at the heart of the agency's tea party controversial called Republicans "crazies" and more in newly released emails. Lerner used to head the IRS division that handles applications for tax-exempt status. In a series of emails with a colleague in November 2012, Lerner made two disparaging remarks about members of the GOP, including one remark that was profane. House Ways and Means Committee Chairman Rep. Dave Camp, R-Mich., released the emails Wednesday as part of his committee's investigation. Camp says the emails show Lerner's disgust with conservatives. (AP Photo/J. Scott Applewhite, File)WASHINGTON (AP) — A former IRS official at the center of the agency's tea party controversy referred to some right-wing Republicans as "crazies" and more in emails released Wednesday. A key GOP lawmaker says the remarks show that Lois Lerner was biased against conservative groups and targeted them for extra scrutiny.


Fed offers no clearer hint on first rate increase

Posted: 30 Jul 2014 12:25 PM PDT

FILE - In this July 2, 2014, file photo, Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington. The Federal Reserve is widely expected to make sixth reduction in bond purchases Wednesday, July 30, 2014. (AP Photo/Susan Walsh, File)WASHINGTON (AP) — The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help. But it's offering no clearer hint of when it will start raising its key short-term interest rate.


6 Philadelphia officers charged in corruption case

Posted: 30 Jul 2014 12:24 PM PDT

Philadelphia Police Commissioner Charles Ramsey, left, speaks as FBI Special Agent-in-Charge Edward Hanko, center and United States Attorney Zane David Memeger, right, listen during a news conference Wednesday, July 30, 2014, in Philadelphia. Six Philadelphia narcotics officers have been indicted on charges they spent years shaking down drug dealers, using gangland tactics to rob them of cash and drugs, federal prosecutors announced Wednesday. (AP Photo/Matt Rourke)PHILADELPHIA (AP) — Six city narcotics officers used gangland tactics to shake down drug dealers, robbing them of large sums of cash and drugs for years, federal authorities charged in an indictment unsealed Wednesday.


US bars some Venezuela officials from US travel

Posted: 30 Jul 2014 12:22 PM PDT

Venezuela's ex-military intelligence chief, Hugo Carvajal, arrives at the Queen Beatrix International Airport after he was released by authorities, in Oranjestad, Aruba, Sunday, July 27, 2014. Carvajal, who was designated to be Venezuela's consul to Aruba, was detained at the Caribbean island's airport on a request from U.S. prosecutors. U.S. authorities alleged Carvajal is one of several high-ranking Venezuelan military and law enforcement officials who provided haven to drug traffickers from neighboring Colombia and helped them move U.S.-bound cocaine through Venezuela. (AP Photo/Pedro Famous Diaz)CARACAS, Venezuela (AP) — Amid escalating tensions with socialist Venezuela, the U.S. State Department on Wednesday announced sanctions against officials it said committed human rights abuses during a crackdown on anti-government protests.


House set to take up VA overhaul bill

Posted: 30 Jul 2014 12:21 PM PDT

House Veterans' Affairs Chairman Jeff Miller, R-Fla., joined by Speaker of the House John Boehner of Ohio, left, and incoming Majority Leader Rep. Kevin McCarthy, R-Calif., right, speaks to reporters on Capitol Hill in Washington, Tuesday, July 29, 2014, about a compromise bill to help veterans avoid long waits for health care, hire more doctors and nurses to treat them, and make it easier to fire executives at the Veterans Affairs Department. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — With a new Veterans Affairs secretary in place and an August recess looming, Congress is likely to move quickly to approve a compromise bill to refurbish the VA and improve veterans' health care.


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